224 FREDERICK ST Hagerstown, MD 21740
1,964 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,964 sqft
Price per Sqft $165
Subdivision None Available
MLS Listing ID MDWA2040976
Style Colonial
Abv Grd Liv Area 1,964
Year Built 1890
Available Date 2026-11-27
Annual Tax Amount $2,916
Tax Year 2026
Lot Size 8,250 Sqft
Acres 0.19
Property Sub-Type Detached
Source BRIGHT
Property Description
The property includes a 1-bedroom downstairs apartment, currently estimated to rent for $1,350 per month, and a 1-bedroom upstairs apartment with estimated rental income of $1,250 per month. The third unit is an office/efficiency space with potential for a small business or conversion to a residential unit, estimated to generate $800 per month. The large garage offers additional income potential, with parking spaces estimated at $100 each. Based on these estimates, the three units could generate approximately $3,400 per month, with additional income possible from garage parking.
All three units have been painted throughout. The main floor unit has a private entrance. This unit has been updated with new windows, electrical, plumbing & HVAC. The upstairs apartment features updated light fixtures, a range hood, and countertops. The property also boasts a large lot with parking for approximately 8–10 vehicles, additional off-street parking, and convenient alley access.
With multiple income-producing opportunities and the potential to maximize rental returns, this property is an excellent opportunity for investors looking to build or expand their portfolio. Property is being sold AS-IS. Schedule your showing today!`
Location
State MD
County Washington
Zoning RO
Rooms
Basement Dirt Floor, Garage Access, Unfinished
Interior
Hot Water Electric
Heating Hot Water
Cooling Ductless/Mini-Split
Heat Source Electric
Exterior
Parking Features Garage - Front Entry, Additional Storage Area, Other, Oversized
Garage Spaces 2.0
Water Access N
Accessibility None
Attached Garage 2
Total Parking Spaces 2
Garage Y
Private Pool No
Building
Foundation Other
Above Ground Finished SqFt 1964
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2217015214
Ownership Fee Simple
SqFt Source 1964
Special Listing Condition Standard
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